Friday, August 18, 2017

DSK in turmoil: Pune investors want builder’s passport seized

The depositors said, if their money is not returned immediately by the developer, it may lead to mass suicide

After having failed to recover their investments from DS Kulkarni Depositors Ltd (DSKDL), depositors have sought action against city based real estate developer DS Kulkarni. While the police have accepted their complaint, no FIR has been filed against the developer. Police officials summoned DSK executives and asked both parties to explore an amicable solution.

On Wednesday, around 160 depositors approached the Shivajinagar police station and demanded seizure of Kulkarni’s passport and travel documents to pre-empt the possibility of him flying abroad while seeking FIR against the developer for the alleged “mass cheating”.

Read more at - Hindustan Times, Pune

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5) DSK is struggling to get his ducks in a row

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  2. This is indeed a good decision taken by DSK investors. Demanding confiscation of passport is a very good step in right direction. Good to see that investors are not falling prey to DSKs salesperson talk which is full of lies.